Alyeska Investment Group L.P. Cuts Stock Position in Lincoln Educational Services Corporation $LINC

Key Points

• Alyeska Investment Group L.P. has reduced its holdings in Lincoln Educational Services Corporation (24.8%) in the first quarter, now owning 844,091 shares valued at approximately $13.4 million.
• Institutional investor activity includes significant increases, such as McIlrath & Eck LLC growing its stake by 156.4% and GAMMA Investing LLC by an extraordinary 1,952.6%.
• Despite fluctuations, analysts maintain a consensus "Buy" rating on Lincoln Educational Services with a price target averaging $25.00, reflecting positive earnings performance exceeding expectations.

Alyeska Investment Group L.P. cut its position in shares of Lincoln Educational Services Corporation (NASDAQ:LINC - Free Report) by 24.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 844,091 shares of the company's stock after selling 279,052 shares during the quarter. Alyeska Investment Group L.P. owned approximately 2.67% of Lincoln Educational Services worth $13,396,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. McIlrath & Eck LLC grew its stake in shares of Lincoln Educational Services by 156.4% in the fourth quarter. McIlrath & Eck LLC now owns 2,267 shares of the company's stock worth $36,000 after purchasing an additional 1,383 shares during the last quarter. Morse Asset Management Inc bought a new stake in shares of Lincoln Educational Services in the 4th quarter worth approximately $101,000. Parallel Advisors LLC increased its stake in shares of Lincoln Educational Services by 20.3% during the first quarter. Parallel Advisors LLC now owns 8,878 shares of the company's stock valued at $141,000 after buying an additional 1,500 shares during the period. Price T Rowe Associates Inc. MD bought a new position in shares of Lincoln Educational Services during the fourth quarter valued at approximately $171,000. Finally, GAMMA Investing LLC lifted its stake in Lincoln Educational Services by 1,952.6% in the first quarter. GAMMA Investing LLC now owns 11,823 shares of the company's stock worth $188,000 after acquiring an additional 11,247 shares during the period. Hedge funds and other institutional investors own 72.23% of the company's stock.

Lincoln Educational Services Stock Down 0.5%

Shares of LINC traded down $0.09 during trading hours on Friday, hitting $19.38. The company had a trading volume of 239,656 shares, compared to its average volume of 482,181. The firm has a fifty day moving average price of $21.52 and a 200-day moving average price of $19.79. Lincoln Educational Services Corporation has a 52-week low of $11.38 and a 52-week high of $25.76. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.85 and a current ratio of 0.90. The stock has a market capitalization of $612.80 million, a price-to-earnings ratio of 42.13, a P/E/G ratio of 1.71 and a beta of 1.31.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last announced its quarterly earnings data on Monday, August 11th. The company reported $0.09 earnings per share for the quarter, topping analysts' consensus estimates of $0.04 by $0.05. The company had revenue of $116.47 million during the quarter, compared to analyst estimates of $113.96 million. Lincoln Educational Services had a net margin of 3.05% and a return on equity of 11.20%. Lincoln Educational Services has set its FY 2025 guidance at EPS. FY 2027 guidance at EPS. On average, equities research analysts forecast that Lincoln Educational Services Corporation will post 0.54 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Zacks Research raised shares of Lincoln Educational Services to a "hold" rating in a research report on Friday, August 8th. B. Riley reissued a "buy" rating on shares of Lincoln Educational Services in a research note on Tuesday, May 13th. Rosenblatt Securities lifted their price objective on Lincoln Educational Services from $25.00 to $27.00 and gave the company a "buy" rating in a research report on Tuesday, August 12th. Barrington Research increased their target price on Lincoln Educational Services from $22.00 to $25.00 and gave the stock an "outperform" rating in a research report on Monday, May 12th. Finally, Lake Street Capital raised their target price on Lincoln Educational Services from $21.00 to $26.00 and gave the company a "buy" rating in a research note on Tuesday, May 13th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $25.00.

About Lincoln Educational Services

Lincoln Educational Services Corporation, together with its subsidiaries, provides various career-oriented post-secondary education services to high school graduates and working adults in the United States. The company operates in two segments, Campus Operations and Transitional. It offers associate's degree, and diploma and certificate programs in automotive technology; skilled trades programs, including electrical, heating and air conditioning repair, welding, computerized numerical control, and electrical and electronic systems technology; health science programs comprising licensed practical nurse, registered nurse, dental assistant, medical assistant, medical administrative assistant, and claims examiner; hospitality service and information technology programs, such as culinary, therapeutic massage, cosmetology, aesthetics, and computer systems support technicians.